19/07/2022
Reversal Trading Explained🤩
What is reversal trading? 🧐
A reversal is when the direction of a price trend has changed, from going up to going down, or vice-versa. Traders try to get out of positions that are aligned with the trend prior to a reversal, or they will get out once they see the reversal underway.
Can reversal trading be profitable? 🤑
Trend reversal trading can be crazily profitable — if you do it right.
Imagine:
You know how to identify high probability trend reversal areas.
You can catch market tops and bottoms with heightened accuracy.